Senators met on June 7 to begin a preliminary discussion about the comprehensive U.S. immigration bill. As the first attempt to overhaul the current system since 2007, the debate looms heavily over the lawmakers who are expected to vote on the legislation before the Senate breaks for its July 4 recess.
“It is gratifying to see the momentum behind this package of commonsense reforms, which will make our country safer and help 11 million undocumented immigrants get right with the law,” Democratic Senate Majority Leader Harry Reid told NBC News regarding the bill.
The bipartisan “Gang of Eight” bill, which passed out of the Judiciary Committee by a 13-5 vote last month, will have an initial vote on June 11 to proceed with the debate. While some members of Congress are supportive of a path to citizenship, others are more concerned about strengthening security at the border, according to NBC News.
The New York Times reported that a passage of immigration reform could provide a much-needed boost to the real estate and mortgage industries, areas that suffered post-recession. When a pathway to U.S. citizenship is made available for immigrants living in the U.S. illegally, the number of home buyers in the country could surge by 3 million in a decade. According to the Pew Research Hispanic Center, roughly 60 percent of immigrants are Hispanic.
The research organization found that the number of new-owner Hispanic households grew by 58 percent between 2000 and 2012, compared with the rest of the population’s new-owner growth of 5 percent. Similarly, the Hispanic population includes a large demographic of younger individuals who are in or near the prime age for homeownership.